Brookline Community Center for the Arts Inc

Analysis

Brookline Community Center for the Arts Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Brookline Community Center for the Arts Inc reported income of $130k and spending of $178k, spending 137% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income fell from $149k to $130k (-13%), an average of -6.5% a year. The sharpest change came in the year to March 2023, when income rose by 49%. Over the whole period it spent 163% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brookline Community Center for the Arts Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Christian Dance Studios Inc ($130k), Fringe Benefits Alliance ($130k) and Carnation Festival Inc ($130k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $43k against liabilities of $454k, net assets of -$411k.